Irdai, on Tuesday, asked all general and standalone health insurers to give policyholders the option to pay health insurance premiums in instalments In a bid to offer some respite to policyholders dealing with any liquidity crunch arising out of the lockdown, the Insurance Regulatory and Development Authority of India (Irdai), on Tuesday, asked all general and standalone health insurers to give policyholders the option to pay health insurance premiums in instalments.
This means you can now pay your annual health insurance premiums in a monthly, quarterly or half-yearly basis. You can avail the option by writing to your insurer or getting in touch with the customer service using the available online touch points. “In view of prevailing